| * Ackermans & Van Haaren NV ACKB.BR: Kepler Cheuvreux raises target price to EUR 340 from EUR 315 |
| * Airbus AIR.PA: UBS cuts target price to EUR 225 from EUR 240 |
| * Aker BP AKRBP.OL: Kepler Cheuvreux raises target price to NOK 175 from NOK 150 |
| * Amadeus AMA.MC: Citigroup cuts target price to EUR 50 from EUR 85 |
| * Amadeus AMA.MC: Citigroup cuts to neutral from buy |
| * AMS Osram AMS.S: Barclays raises target price to CHF 11 from CHF 10 |
| * Anglo American AAL.L: BofA Global Research raises PT to 3700p from 3600p |
| * Banca Generali BGN.MI: Barclays raises target price to EUR 73.5 from EUR 72.2 |
| * Banca Generali BGN.MI: Kepler Cheuvreux raises target price to EUR 61.5 from EUR 60 |
| * Banca Generali BGN.MI: Kepler Cheuvreux raises to buy from hold |
| * Barclays BARC.L: JP Morgan raises target price to 590p from 570p |
| * Barratt Redrow BTRW.L: Barclays cuts target price to 490p from 524p |
| * BAT BATS.L: BofA Global Research raises price objective to 4700p from 4500p |
| * Bawag Group AG BAWG.VI: UBS raises target price to EUR 153 from EUR 151 |
| * Bechtle AG BC8G.DE: UBS cuts target price to EUR 47.5 from EUR 50.5 |
| * Befesa BFSA.DE: UBS cuts target price to EUR 43 from EUR 44 |
| * BFF Banking Group BFF.MI: Jefferies cuts target price to EUR 4.45 from EUR 12 |
| * BFF Banking Group BFF.MI: Jefferies cuts to hold from buy |
| * BMW BMWG.DE: Deutsche Bank raises target price to EUR 104 from EUR 103 |
| * BP BP.L: HSBC cuts target price to 430p from 475p |
| * BP BP.L: HSBC cuts to reduce from hold |
| * Coloplast COLOb.CO: RBC cuts target price to DKK 600 from DKK 710 |
| * Danske Bank DANSKE.CO: Morgan Stanley raises target price to DKK 367 from DKK 358 |
| * Dassault Systèmes DAST.PA: Barclays cuts target price to EUR 21 from EUR 25 |
| * Dassault Systemes DAST.PA: Berenberg cuts target price to EUR 23 from EUR 30.30 |
| * Dassault Systemes DAST.PA: Deutsche Bank cuts target price to EUR 22 from EUR 27 |
| * Dassault Systemes DAST.PA: Jefferies cuts target price to EUR 16 from EUR 21 |
| * Dassault Systemes DAST.PA: JP Morgan cuts target price to EUR 21 from EUR 26 |
| * Dassault Systemes DAST.PA: Kepler Cheuvreux cuts target price to EUR 30 from EUR 38 |
| * Dassault Systemes SA DAST.PA: Morgan Stanley cuts PT to EUR 28.25 from EUR 30 |
| * DEME DEME.BR: Kepler Cheuvreux raises target price to EUR 230 from EUR 179 |
| * Deutsche Telekom AG DTEGn.DE: JP Morgan raises target price to EUR 40 from EUR 39 |
| * D'Ieteren Group SA IETB.BR: Jefferies raises target price to EUR 228 from EUR 215 |
| * DNB DNB.OL: Morgan Stanley raises target price to NOK 291 from NOK 281 |
| * Dottikon Es Group DESN.S: UBS initiates coverage with neutral rating and target price CHF 365 |
| * Drax Group Plc DRX.L: Citigroup cuts to neutral from buy |
| * Drax Group Plc DRX.L: Citigroup raises target price to 923p from 850p |
| * DSM DSFIR.AS: UBS cuts target price to EUR 92 from EUR 93 |
| * DWS Group Gmbh & Co KGaA DWSG.DE: Morgan Stanley raises PT to EUR 70.7 from EUR 68.3 |
| * Edenred EDEN.PA: Goldman Sachs cuts target price to EUR 23.5 from EUR 39 |
| * Essilorluxottica SA ESLX.PA: JP Morgan cuts target price to EUR 335 from EUR 345 |
| * Ferrari RACE.MI: Citigroup raises raises target price to EUR 320 from EUR 300 |
| * Ferrari RACE.MI: Citigroup raises to neutral from sell |
| * Flatexdegiro SE FTKn.DE: UBS raises target price to EUR 46.5 from EUR 43.5 |
| * Fugro NV FUGR.AS: Kepler Cheuvreux raises target price to EUR 14.5 from EUR 9 |
| * Fugro NV FUGR.AS: Kepler Cheuvreux raises to buy from hold |
| * H Lundbeck A/S HLUNb.CO: Barclays cuts target price to DKK 45 from DKK 50 |
| * Heineken HEIN.AS: Deutsche Bank raises target price to EUR 93 from EUR 86 |
| * Heineken HEIN.AS: UBS raises target price to EUR 89 from EUR 84 |
| * Heineken NV HEIN.AS: Jefferies raises target price to EUR 105 from EUR 95 |
| * Heineken NV HEIN.AS: Kepler Cheuvreux raises target price to EUR 86 from EUR 76 |
| * HgCapital Trust Plc HGT.L: Jefferies cuts to underperform from hold |
| * IAG ICAG.L: BofA Global Research raises price objective to 560p from 530p |
| * IMCD NV IMCD.AS: JP Morgan cuts target price to EUR 75 from EUR 82 |
| * Infotel SA ETOF.PA: Portzamparc cuts target price to EUR 51.6 from EUR 52.9 |
| * Kid ASA KID.OL: Kepler Cheuvreux cuts target price to NOK 160 from NOK 180 |
| * Kingspan Group Plc KSP.I: Morgan Stanley raises PT to EUR 92 from EUR 84 |
| * Koninklijke Philips N.V PHG.AS: UBS raises target price to EUR 32.5 from EUR 30.5 |
| * Koninklijke Philips NV PHG.AS: Morgan Stanley raises PT to EUR 26 from EUR 25 |
| * Lectra SA: TP ICAP Midcap cuts target price to EUR 27 from EUR 30 |
| * Lem Holding SA LEHN.S: Kepler Cheuvreux cuts target price to CHF 360 from CHF 400 |
| * M&G Plc MNG.L: Morgan Stanley cuts target price to 280p from 285p |
| * Mj Gleeson Plc GLEG.L: Berenberg cuts target price to 450p from 490p |
| * Morgan Sindall MGNS.L: Peel Hunt raises target price to 5,500p from 5,000p |
| * Natwest Group Plc NWG.L: JP Morgan cuts target price to 730p from 750p |
| * Nestle SA NESN.S: Morgan Stanley raises target price to CHF 74 from CHF 72 |
| * Novartis NOVN.S: Deutsche Bank raises target price to CHF 135 from CHF 125 |
| * Novartis NOVN.S: JP Morgan raises target price to CHF 135 from CHF 125 |
| * Novo Nordisk NOVOb.CO: Alphavalue cuts target price to DKK 459 from DKK 573 |
| * Novo Nordisk NOVOb.CO: Berenberg cuts target price to DKK 360 from DKK 415 |
| * Novo Nordisk NOVOb.CO: Jefferies raises raises target price to DKK 275 from DKK 270 |
| * Novo Nordisk NOVOb.CO: Jefferies raises to hold from underperform |
| * Pandox AB PANDXb.ST: UBS raises target price to SEK 226 from SEK 220 |
| * Pluxee NV PLX.PA: Goldman Sachs cuts target price to EUR 11 from EUR 17.5 |
| * Randstad RAND.AS: Deutsche Bank cuts target price to EUR 35 from EUR 40 |
| * Randstad Holding NV RAND.AS: UBS cuts target price to EUR 26 from EUR 30 |
| * Randstad NV RAND.AS: Morgan Stanley cuts target price to EUR 26.5 from EUR 29 |
| * Recordati RECI.MI: Barclays raises to equal-weight from underweight |
| * Renishaw RSW.L: Barclays raises target price to 3840p from 3650p |
| * Renishaw RSW.L: UBS raises target price to 4750p from 4400p |
| * Salvatore Ferragamo SpA SFER.MI: Morgan Stanley resumes coverage with price target EUR 5.5 |
| * Salvatore Ferragamo SpA SFER.MI: Morgan Stanley resumes coverage with underweight rating |
| * Salzgitter AG SZGG.DE: Alphavalue raises raises PT to EUR 66.2 from EUR 47.7 |
| * Salzgitter AG SZGG.DE: Alphavalue raises to add from reduce |
| * Sandoz Group AG SDZ.S: Jefferies raises to buy from hold |
| * Sandoz Group AG SDZ.S: Jefferies raises target price to CHF 75 from CHF 51.4 |
| * Sap SE SAPG.DE: Bernstein cuts target price to EUR 273 from EUR 297 |
| * SGS SGSN.S: UBS raises target price to CHF 92 from CHF 90 |
| * Siegfried Holding AG SFZN.S: RBC cuts to sector perform from outperform |
| * Siegfried Holding AG SFZN.S: RBCraises target price to CHF 108 from CHF 105 |
| * Siemens AG SIEGn.DE: RBC raises target price to EUR 270 from EUR 245 |
| * Siemens Energy AG ENR1n.DE: Citigroup raises target price to EUR 162 from EUR 129 |
| * Siemens Energy AG ENR1n.DE: JP Morgan raises target price to EUR 200 from EUR 160 |
| * Smurfit Westrock Plc SWR.L: JP Morgan raises target price to 5000p from 4300p |
| * Soitec SOIT.PA: Barclays raises target price to EUR 30 from EUR 27 |
| * Soitec SA SOIT.PA: HSBC raises target price to EUR 31 from EUR 25 |
| * Stellantis NV STLAM.MI: Alphavalue cuts to reduce from buy |
| * Stellantis NV STLAM.MI: Berenberg cuts target price to EUR 7.8 from EUR 10 |
| * Svenska Handelsbanken AB SHBa.ST: Morgan Stanley raises PT to SEK 144 from SEK 142 |
| * Swedbank SWEDa.ST: Morgan Stanley raises target price to SEK 300 from SEK 280 |
| * Telenor ASA TEL.OL: Barclays raises target price to NOK 173 from NOK 165 |
| * Totalenergies TTEF.PA: UBS raises target price to EUR 69 from EUR 61 |
| * Totalenergies SE TTEF.PA: BofA Global Research raises PT to EUR 70 from EUR 66 |
| * Totalenergies SE TTEF.PA: Citigroup raises target price to EUR 71 from EUR 65 |
| * Totalenergies SE TTEF.PA: JP Morgan raises target price to EUR 58 from EUR 55 |
| * Unilever ULVR.L: RBC raises target price to 4,200p from 4,000p |
| * Voestalpine VOES.VI: Deutsche Bank raises target price to EUR 57 from EUR 48 |
| * Volvo B VOLVb.ST: UBS raises target price to SEK 380 from SEK 341 |
| * Wallenius Wilhelmsen WAWI.OL: Kepler Cheuvreux raises PT to NOK 83 from NOK 60 |
| * Yara YAR.OL: BMO raises target price to NOK 475 from NOK 425 |
| * Yara YAR.OL: Jefferies raises target price to NOK 500 from NOK 490 |
| * Yara YAR.OL: Kepler Cheuvreux raises target price to NOK 517 from NOK 410 |
| * Yara YAR.OL: Deutsche Bank cuts to hold from buy |
| * Yara YAR.OL: Deutsche Bank raises PT to NOK 484 from NOK 451 |
| * Zalando SE ZALG.DE: Morgan Stanley raises to equal-weight from underweight |
